Share Your Business Expansion Idea/Plan with Sydney Credit Union and the Cape Breton Partnership!

- Step 1 of 5

Name *

First

Last

Please select one *

Phone Number *

Email *

Address *

Address Line 1

Address Line 2

City

State / Province / Region

Postal Code

Business Name *

(e.g., Joe’s T-shirt Printing Shop in Annapolis Royal)

Business Location *

(e.g., Sydney River; Ingonish; St. Peter's; etc)

Name and Emails of Business Partners, if applicable

Section 1 - Your Idea

1. Describe your current business. Include how long you've been in operation *

2. Describe your new idea or expansion. Include the products and/or services you plan to offer. *

(e.g., “I want to expand my gift shop to include a t-shirt printing press with custom local designs available for printing that appeal to customers between the ages of 15 and 25.”)

3. Why do you want to expand/change your business? Why do you want to do it at this time? *

4. Tell us more about your current customers? Are they local? Tourists? Online? Will this change as a result of the expansion or updating? *

Section 2 – Your Operations

1. Will this expansion/update change or add to the core services you currently provide? Do you have any experience in this new area? If yes, please describe your experience. *

2. How many jobs do you expect this expansion or update to create (if any)? Will they be full or part-time? Will they be seasonal or year-round?

3. Describe any new equipment, tools, or training needed in order to ensure a successful expansion or upgrade. *

(e.g., Additional land or building space, desks, computers, software, training programs for yourself or your employees, etc.)

Section 3 – Your Market & Money Matters

1. How have you determined that there is a desire or need for this expansion or upgrade? Tell us about the market research you have done. *

2. How much money do you currently have invested in this business? Are you taking a regular salary? *

3. What are your current annual sales? Do you expect that to increase? *

4. Are you seeking funding from other sources like banks, investors, family, partners, etc.? Will you personally be contributing any funding? *

5. As noted on the Cape Breton Partnership’s website, and with very few exceptions, the funding cap for this program under the Sydney Credit Union and East Coast Credit Union is $10,000. How much money do you want to borrow from the appropriate Credit Union? *

Attach a detailed budget showing how this money will be used

Click or drag files to this area to upload. You can upload up to 5 files.

6. Have you ever declared personal bankruptcy? If yes, what year? Answering yes does not eliminate you from consideration. *

Section 4 – Your Additional Info

1. Share a bit about yourself (and your partners, if applicable) – tell us the kind of work you’ve done or anything else you think we should know in support of your business idea.

2. Include or attach any other information that you think might support your application, such as a business plan, budgets, quotes, estimates, image of product, samples, or a prototype etc.

Additional File Uploads

Click or drag files to this area to upload. You can upload up to 10 files.

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